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Oat trading volume has fallen 5% to 12% in most regions, while global oat supplies are near record lows. Canadian carryover is close to its record low, and wheat, corn and barley price trends are beginning to pressure oat prices lower.
Tight oat stocks argue for firm prices, but weaker demand and cheaper substitute grains are pulling prices down from their highs, so oat buyers face softer near-term pricing.
world-grain.comMatt NoltemeyerMar 20, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
